Entries by Spencer Li

How to Combine Price Action with Multiple Timeframes

One of the simple yet powerful techniques I use to allow me to quickly identify trading opportunities with minimal time and effort (typically 15 minutes a day), is to use this Excel table which combines price action with multiple timeframes. To create this table, I observe the daily and weekly charts of various products (forex, […]

Follow-up on Bitcoin Short: When is A Good Time to Buy? (Bonus: ETH Analysis)

In my last blog post here, I called for Bitcoin to drop from its current $13k+ to between $8k and $10k, using the measurements of the swing counts. Now, the price of Bitcoin has fallen below $10k, but I am not planning to catch a falling knife, so I will wait for the fall to […]

Chart of the Day: Detailed Bitcoin Analysis

Based on the latest chart of Bitcoin, it looks like it is undergoing a major correction. After hitting highs of almost $20k, it has started to form a corrective pattern between $12k and $17k, and there could be more to come. After the first initial move down (the blue sell arrow) which was mentioned in […]

Follow-up on GBP/AUD Trade – US$2,966 Profits Locked in!

Following up on our major trade call of the week, we have locked in US$2,966 of profits for the week on this one trade, and many of our hardworking forum members have also been doing their homework (15 minutes a day) and reaping the rewards from the markets. If you are unsure where to start […]